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Parliamentary Replies

Registered Companies with over $500 Million in Shareholders' Equity with Singaporeans as CEOs

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ACRA

4 July 2023

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Parliamentary Question by Mr Leong Mun Wai:

To ask the Deputy Prime Minister and Minister for Finance as of 31 December 2022, how many companies registered with the Accounting and Corporate Regulatory Authority with over $500 million in shareholders’ equity have chief executives who are Singapore citizens.

Parliamentary Reply by Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong:

There are 413 companies with over $500 million in shareholders’ equity that have filed chief executive (CEO) or managing director (MD) information with ACRA. About 40% of these CEOs or MDs are Singapore citizens.

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